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Business / Money Control

Toras Husband review: Rima Dass cinema of interiority will be remembered for its austerity and emotional muscle, can feel drawn-out

The Assamese directors new film set during the pandemic unsentimentally zooms in on a familys physical and emotional attempts to stay afloat.

29 Sep 2023 11:31 am
Tens of thousands of Armenians flee in mass exodus from breakaway region of Azerbaijan

By September 28 evening, over 78,300 people more than 65 percent of the population of 120,000 had left for Armenia, and the influx continued unabated, according to Armenian officials.

29 Sep 2023 11:24 am
This years hottest tech IPO may be a transportation company

One standout fact aboutCainiaois that it is the second-largest contributor to Alibabas profit growth, despite accounting for just 9.2% of group revenue. Punching above its weight within the Alibaba empire is what makes the logistics company the perfect choice to lead the coming parade of IPOs

29 Sep 2023 11:21 am
This years hottest tech IPO may be a transportation company

One standout fact aboutCainiaois that it is the second-largest contributor to Alibabas profit growth, despite accounting for just 9.2% of group revenue. Punching above its weight within the Alibaba empire is what makes the logistics company the perfect choice to lead the coming parade of IPOs

29 Sep 2023 11:21 am
Master Components makes muted debut, lists at 0.28% premium over issue price

Master Components stock listed on NSE SME at Rs 140.40 against the IPO price of Rs 140

29 Sep 2023 11:19 am
Master Components makes muted debut, lists at 0.28% premium over IPO price

Master Components stock listed on NSE SME at Rs 140.40 against the IPO price of Rs 140

29 Sep 2023 11:19 am
SBI Life stock gains; Amit Jhingran is new CEO, MD

Jhingran replaces Mahesh Kumar Sharma who has been transferred to State Bank of India. Sharma will be relieved of his SBI Life duties from the close of business hours on September 30

29 Sep 2023 11:13 am
China:The yuans slide doesnt have to end in tears

Just imagine if the yuan hadn#39;t weakened this year, along with the string of disappointing economic reports. There could have been bigger trouble down the line.In that sense, let#39;s embrace a weaker currency, albeit not one that weakens forever

29 Sep 2023 11:11 am
ESG Under the Microscope: Challenging the critics

Criticism serves as a catalyst for refining the ESG framework. It#39;s through scrutiny and constructive feedback that we identify areas where ESG can be strengthened

29 Sep 2023 11:09 am
US Economy:Risks Are growing of a double-dip #39;vibecession#39;

The US may be heading back into a vibecession a condition in which consumer confidence and other economic vibes decline so much that they threaten to become self-fulfilling prophecies and drag the economy down with them

29 Sep 2023 10:51 am
Quick Heal Technologies tumbles on Peak XV exit

Peak XV , formerly Sequoia Capital, sold all of its 17.86 lakh shares, or 3.37 percent, stake in Quick Heal Technologies via open market at an average price of Rs 240 a share

29 Sep 2023 10:38 am
Personal Finance: Are you caught in a small-cap investing dilemma?

Not all small-cap stocks are penny stocks, which are small in value (price), illiquid and susceptible to price manipulation

29 Sep 2023 10:22 am
Agri Picks Report September 29, 2023: Geojit

According to Geojit, Crude palm oil (CPO) prices in 2024 are likely to average at least 11% more than this year as El Nino weather patterns are expected to reduce output in top producer Indonesia, the Indonesian Palm Oil Association (GAPKI) said on Thursday.

29 Sep 2023 10:22 am
This music label midcap rallies 6% on digital entertainment deal

Saregama owns the largest music archives in India, nearly 50 percent of all the music ever recorded in India

29 Sep 2023 10:13 am
NLC India jumps 5% on plans for 2 thermal power plants in Odisha

The company has also signed a power-purchase agreement with GRIDCO, an Odisha state power undertaking, to purchase 400 megawatt power that will be generated through the proposed plants

29 Sep 2023 10:06 am
JSW Infrastructure IPO: GMP indicates listing gains; check allotment status, debut date

JSW Infrastructure#39;s GMP is Rs 25, implying a listing price of about Rs 144 gainst the IPO price of Rs 119

29 Sep 2023 9:59 am
Tube Investment slumps 6% after block deal in over 1 million shares

Around 1.04 million shares of the company changed hands in a bunch of trades, according to Bloomberg

29 Sep 2023 9:56 am
Govt carrying out #39;planned euthanasia#39; of MGNREGA: Congress

Congress general secretary Jairam Ramesh shared a media report on X which claimed that the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) social audit units were in a state of paralysis in many states.

29 Sep 2023 9:53 am
Godrej Agrovet gains on tie-up with Malaysian firm for palm oil seeds

Godrej Agrovet has said Sime Darby Plantation Berhad will supply oil palm seeds and also set up a state-of-the-art seed production unit in India

29 Sep 2023 9:47 am
Is Manappuram Finance a good bet for risk-takers?

Valuation undemanding, but the improvement in the companys earnings to be incremental

29 Sep 2023 9:47 am
Sony doubles down on virtual production business using its hardware muscle

The business, which offers virtual production facilities to filmmakers and broadcasters, involves using a wall of light-emitting diode (LED) panels displaying images - a science-fiction landscape or a downtown cityscape - that are integrated into the scene as it is shot.

29 Sep 2023 9:45 am
Uno Minda gains on raising stake in JV for growth in alternative fuel market

Uno Minda and Westport are in the process of modifying their joint venture agreement to encompass forthcoming hydrogen components, the company has said

29 Sep 2023 9:37 am
Dr Reddy#39;s Laboratories incorporates wholly-owned subsidiary in Jamaica; stock rises 1%

Dr Reddys stock has given a return of 18.88 percent over the last six months. The benchmark Nifty50 index has given a return of 14.30 percent over the same duration.

29 Sep 2023 9:33 am
Accenture forecasts downbeat year as IT spending stays weak

Shares of the company fell 4.9% in trading before the bell after its fourth-quarter revenue also missed estimates.

29 Sep 2023 9:04 am
Infosys, Wipro among top Nifty50 losers on Accenture#39;s muted FY24 guidance

On the New York Stock Exchange in the overnight US trading, the American Depository Receipts (ADRs) of technology giants Infosys and Wipro slumped up to 3 percent on September 28

29 Sep 2023 9:03 am
World Heart Day: More younger Indians now undergo coronary angiography than before, says study

The number of coronary angiography, or CAG, procedures used to diagnose coronary artery disease has increased significantly in age bands of 19-35 years as well as 36-45 years between 2018-19 and 2022-23, the companys internal claim analysis has found.

29 Sep 2023 9:00 am
Now its Bangkoks fine dining scene thats luring tourists to Thailand

Tassanakajohn was told hed be forced to close within months for charging so much for food made with local products. On nearby sidewalks, dishes featuring similar ingredients were available for less than a dollar.

29 Sep 2023 8:58 am
Goldmans Scott Rubner sees deeper stock losses in a no rules market

With indexes such as the SP 500 breaking below key thresholds, trend-chasing systematic funds are at risk of being forced to unwind equity holdings.

29 Sep 2023 8:55 am
Godrej Properties acquires 109-acre land parcel in Nagpur

The development on this land will comprise primarily plotted residential units and will offer an estimated saleable area of 2.2 million square feet, Godrej Properties said in a regulatory filing.

29 Sep 2023 8:55 am
India slams rich nations#39; climate inaction; calls for focus on pre-2020 gaps, equity in Global Stocktake

Global Stocktake is a two-year UN review to evaluate collective global progress towards achieving the goals of the Paris Agreement. This process will conclude at the end of COP28 in Dubai.

29 Sep 2023 8:45 am
Unlisted companies have got a free pass for too long, it#39;s time to level the playing field

Aspecial regulatory regime for large unlisted companies is a right step, but it should go beyond preventing malpractices and encourage more transparency too

29 Sep 2023 8:36 am
Chola Investment shares may rise on launch of Rs 4,000-crore QIP

The floor price for Cholamandalam Investment#39;s QIP is set at a nearly 2 percent discount to Thursday#39;s closing price.

29 Sep 2023 8:17 am
GameStops billionaire investor Ryan Cohen takes over as CEO

Ryan Cohen, who was already executive chairman and the companys largest investor, will start immediately and wont receive compensation, the company said in a regulatory filing Thursday.

29 Sep 2023 7:31 am
Exclusive | Signature View Apartment case: DDA to hire consultant to suggest demolition method

The Authority plans to complete the demolition of the 12-storey structures by June-July 2024.

29 Sep 2023 7:30 am
Evergrande says billionaire founder is suspected of crimes

Authorities notified Evergrande that Hui has been subject to mandatory measures, due to suspicion of illegal crimes, according to a company statement to the Hong Kong stock exchange Thursday.

29 Sep 2023 7:29 am
Nike beats profit estimates, pledges to boost focus on running shoes

The world#39;s largest sportswear maker also forecast a 100 basis point increase in second-quarter gross margins, following six consecutive quarters of declines, on the back of fewer planned markdowns and lower freight costs.

29 Sep 2023 7:24 am
Epic Games is laying off about 830 employees, divesting Bandcamp

The videogame company will also spin-off most of SuperAwesome, which Epic Games acquired in 2020. SuperAwesome is a platform for developers to include kid-safety tools in their products.

29 Sep 2023 7:16 am
Abu Dhabi#39;s IHC to sell stake in two Adani group companies

Overseas investors such as the IHC have backed Adani in the face of allegations raised by U.S. short-seller Hindenburg Research in January that the apples-to-airports conglomerate engaged in stock manipulation and had amassed significantly high debt.

29 Sep 2023 7:12 am
Air India flyer suffers #39;second-degree burn#39; after crew member spills hot water, leaves it unattended

According to a report published by Hindustan Times, the passenger described her harrowing experience on social media, where she said the injury eventually left her bedridden.

29 Sep 2023 7:08 am
Daily Voice | Why Sampath Reddy of Bajaj Allianz suggests shifting to largecaps and flexicaps

Valuations of Indian market have moved up with the recent rally but is still away from late 2021 highs, says Sampath Reddy of Bajaj Allianz Life Insurance.

29 Sep 2023 6:53 am
EAM Jaishankar, US Secretary Antony Blinken discuss global developments amid India-Canada diplomatic row

Jaishankar is currently on a five-day official trip to Washington DC. This is the highest-level interaction between the two countries after the recent G-20 Summit in New Delhi.

29 Sep 2023 6:45 am
Anil Agarwals Vedanta proposes partial cash payment for bonds

Indian tycoon Anil Agarwals mining company is seeking to pay back a portion of the dollar bonds maturing in 2024 and 2025 in cash, with the remainder of the principal deferred for three years from the original due date, the people said, asking not to be identified because the discussions are confidential.

29 Sep 2023 6:35 am
Buzzing Stocks: SBI Life, Sun Pharma, Emami, Adani Green, others in news today

Stocks to watch: Check out the companies making headlines before the opening bell, on September 29, 2023.

29 Sep 2023 6:31 am